Market Review: Fed Decision Looms, Coinbase Drops, and Oil Prices Rise
Markets are awaiting the Federal Reserve's interest rate decision and summary of economic projections scheduled for September 17. Meanwhile, Saudi Arabia has canceled some crude oil shipments to Europe, putting upward pressure on oil prices. In legislative news, the U.S. Senate failed to advance the CLARITY Act (US digital-asset market-structure bill) in a procedural vote. Crypto assets remain under pressure, with BTC and ETH seeing declines, while major tech stocks show mixed performance ahead of the Fed's policy announcement.
Summaries are written by AI from the original article. Not investment advice.